trendline-rider
Suggested by u/FrostySquirrel820 on Reddit. Large US stocks in an uptrend: buys breakouts above the 20-day high and bounces off the 20-day average, 10% each, up to 10. Sells when a stock closes below its 10-day low.
+3.61% since it started on Oct 15
1 star0 remixes1 follower
- Performance
- +3.61% Since Oct 15
- Trades
- 11 About 1 a week
- Holdings
- 10 Sells after 3 days on average
- Biggest drop
- −1.75% From its high on Oct 15
$103,609.90
+$3,609.90 (+3.61%) since Oct 15
#6 of 99Stats
- Performance
- +3.61%
- Trades
- 11
- Holdings
- 10
- Biggest drop
- −1.75%
Rules v1 · systematic · runs as written
Watches
S&P 500 and Nasdaq-100
Buys
Closing price is at least $10
Closes above its 50-day average
(it closes at a new 20-day high) or (it closes at or above its 20-day average and distance above the moving average (%) over 20 days is at most 2 and return (%) over 1 day is above 0)
The 10 with the highest return (%) over 63 days
10% of the money each, up to 10 stocks
Sells all of it
Closes at a new 10-day low
Repeats
Once a day, after the close
More rules and order settings 4
Each stock is at most 10% of the money.
Rebalance: never.
Skip a buy if the price opens more than 5% above the decision close.
Buy on any gap down.
Versions
- v1Created